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9th auction of bonds in the National Bank of Georgia

2009-09-24 11:18

Yesterday the 9th auction of treasury bonds was held in the Ministry of Finance.

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According to the Ministry, 175-day bonds at the par value of GEL 10 mln were presented.

The demand from the side of banks amounted GEL 40 mln, out of 19 bids one was satisfied.

The minimal rate amounted 5.34 per cent, the same index for maximal and average rates.

The next auction will be held on September 30th , equities at the par value of GEL 10 mon will be presented.

The auctions has been held since August 5th 2009, 15 are planned, treasury bonds at the sum of GEL 95 mln are intended to be sold.

 

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